Frequently Asked Questions about Principle Protected Deposit (PPD) – One Touch (OT)
What is PPD product?
Principal Protected Deposit - One Touch (PPD - OT) is an investment instrument (Structured Product) in the form of a combination of time deposits in foreign currency and FX option where the principal placement of PPD – OT will be 100% protected if it holds until maturity
What are the benefits of PPD products?
Higher potential return than conventional deposits and can be transacted anywhere in all branch offices of Bank OCBC NISP with a relatively small nominal placement
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